IC 6-2.5-5-49: Aviation fuel

Sec. 49. (a) As used in this section, "aviation fuel" refers to:

(1) gasoline used to power an aircraft;

(2) jet fuel; or

(3) a synthetic fuel or fuel derived from any organic matter used as a substitute for a fuel described in subdivision (1) or (2).

(b) A transaction involving aviation fuel is exempt from the state gross retail tax.